Co-op Bank Donates Ksh 100 Million To Covid-19 Emergency Fund

The Co-operative Bank of Kenya has become the first corporate institution to act towards fighting Covid-19 in Kenya after the bank donated 100 million shillings to Covid-19 Emergency Fund.
According to Co-op bank, the 100 million shillings contribution will be used to support the sourcing of critical lifesaving medical equipment especially ventilators.
While making the announcement on Monday, April 6, 2020, Coop bank’s Managing Director and CEO Gideon Muriuki encouraged other corporate institutions and individuals to join hands and help combat the Covid-19 that has infected over 140 people in Kenya.
“This is a critical moment for our country… The board of directors and staff of co-op bank is honored to support a key cash contribution preferably to be allocated towards the purchase of critical ventilators,” said Mr. Muriuku.
Co-op bank now joins a couple of people and institutions that have contributed towards the fight against the covid-19 crisis.
The Bank also encourages people to avoid the use of banknotes and coins and resort to the use of cashless transactions as a way of containing the spread of the virus through physical objects.
Co-op bank, through its MCo-op cash App, will help you do all the transactions at the comfort of your house without having to visit the banking halls physically.
MCo-op cash App is easy to use and what is more? All the transactions will not cost you even a single penny.
- With MCo-op Cash you can:
- Deposit or save money
- Apply and pay for a loan
- Send money to another MCo-op Cash Account, Co-op Bank Account or SACCO Account
- Send money to other mobile money services, for example, M-PESA
- Withdraw money at a Co-op Agent or Co-op ATM
- Transfer money to and from your Co-op Account or SACCO Account
- Buy airtime for any mobile number
- Pay bills, for example, KPLC, DStv, KRA Tax and Insurance
- Pay for goods and services
- Pay fees, for example, school fees or rent
- Check your account balance or get a statement
- Buy, sell or transfer shares
- Activate SMS alerts for debits and credits
Co-op bank urges Kenyans to join hands in fighting the Covid-19 pandemic in any way possible.
Above all, you are advised to always stay at home and keep the social distancing rule. Co-op Bank cares about you, so stay safe. And together will succeed in this fight.
About Soko Directory Team
Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory
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